Event-Driven Stocks

Presto Automation Inc.

Technology · Services-Prepackaged Software · DE · SEC filings ↗ · Compare ⊕

Signs● 1 good● 7 warning● 3 severedetails ↓

Financials

SEC XBRL · annual
 FY23FY22FY21FY20
Revenue$26.1M$30.4M——
Operating income−$56.4M−$33.2M−$990,862−$18,208
Net income−$34.5M−$56.3M$3.8M−$1.4M
Total assets$46.7M$30.5M$174.7M$152.6M
Total liabilities$91.9M$153.0M$3.6M$7.5M
Equity−$45.2M−$122.5M−$70.0M−$6.4M
EPS (diluted)$-0.74$-2.07——
Shares out.57.9M21.6M4.3M4.3M

Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.

Key ratios

from filings · FY2023
Operating margin
−215.8%
Net margin
−131.9%
Return on equity
76.2%
Return on assets
−73.9%
Return on capital (ROCE)
—
Liabilities / assets
196.9%
Debt / equity
—
Book value / share
$-0.78
Revenue growth (YoY)
−13.9%
Net income growth (YoY)
—

Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.

Financial health

forensic scores · FY2023
Altman Z″ (distress)
-29.30distress
Accruals / assets
21.5%high accruals
Beneish M-Score
-1.53elevated
Piotroski F-Score
3/9weak

Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.

Quality score

EDS Score
12
/ 100
Profitability 25Growth 0Catalyst 33Earnings quality 0Financial strength 0

Our own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.

Signs

● 3 severe● 7 warning● 1 good
  • Negative shareholder equity
  • Altman Z″ in the distress zone
  • Filed a late-filing notice (Form NT) — missed an SEC deadline
  • Operating losses (negative operating margin)
  • Reported a net loss
  • Revenue declined year-over-year
  • High leverage (liabilities > 70% of assets)
  • Negative operating cash flow
  • High accruals — earnings-quality risk
  • Beneish M-Score elevated — earnings-manipulation screen flag
  • Strong return on equity (>15%)

Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.

Risk flags

late SEC filings

A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.

Material events

SEC Form 8-K · most recent

Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.

Recent SEC filings

All filings ↗

Event-driven situations (1)

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